Yoon J. Hugh - Jul 31, 2021 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
SVP & Corporate Controller
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Yoon J. Hugh
Stock symbol
MAT
Transactions as of
Jul 31, 2021
Transactions value $
-$65,030
Form type
4
Date filed
8/3/2021, 09:28 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +3.64K +72.31% 8.68K Aug 1, 2021 Direct F1
transaction MAT Common Stock Tax liability -$27.4K -1.26K -14.51% $21.72 7.42K Aug 1, 2021 Direct F2
transaction MAT Common Stock Options Exercise +5.01K +67.54% 12.4K Jul 31, 2021 Direct F3
transaction MAT Common Stock Tax liability -$37.7K -1.73K -13.95% $21.72 10.7K Jul 31, 2021 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MAT Restricted Stock Units Options Exercise $0 -3.64K -49.26% $0.00 3.75K Aug 1, 2021 Common Stock 3.64K Direct F1
transaction MAT Restricted Stock Units Options Exercise $0 -5.01K -33% $0.00 10.2K Jul 31, 2021 Common Stock 5.01K Direct F3
transaction MAT Restricted Stock Units Award $0 +8.56K +84.09% $0.00 18.7K Aug 2, 2021 Common Stock 8.56K Direct F5, F6
transaction MAT Employee Stock Option - Right to Buy Award $0 +6.65K +53.9% $0.00 19K Aug 2, 2021 Common Stock 6.65K $21.91 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As reported on a Form 4 dated August 1, 2019 and filed on August 5, 2019, the Reporting Person received a grant of 11,038 Restricted Stock Units ("RSUs" or "Units") on August 1, 2019. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On August 1, 2021, the second 33% of these RSUs vested, resulting in the issuance of 3,643 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 1, 2019 RSU grant, 1,260 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As reported on a Form 4 dated July 31, 2020 and filed on August 4, 2020, the Reporting Person received a grant of 15,189 RSUs on July 31, 2020. The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On July 31, 2021, the first 33% of these RSUs vested, resulting in the issuance of 5,012 shares of Mattel, Inc. Common Stock.
F4 Pursuant to the terms of the July 31, 2020 RSU grant, 1,734 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F5 The RSUs were granted on August 2, 2021 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share).
F6 The RSUs vest as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the date of vesting), subject to tax withholding.
F7 The option was granted on August 2, 2021 pursuant to the Plan. The option vests and becomes exercisable with regard to (a) 33% of the shares granted on the first anniversary of the date of grant, (b) an additional 33% of the shares granted on the second anniversary of the date of grant, and (c) the remaining 34% of the shares granted on the third anniversary of the date of grant.